Use calculus to determine the optimal price and output combinations in the market structures of perfect competition, monopoly, and oligopoly. Monopolies in factor markets and monopoly behavior including advanced pricing theories of price discrimination.

ECSP 418 – Econometrics

Instructors: Dr. Kyoo-Il Kim

Main topics: This course is designed to provide solid understanding of the fundamentals in econometrics. Topics include regression analysis and testing, basic large sample theory, instrumental variables and 2SLS, simultaneous equations models, time series, and interpretation of econometric models.

ECSP 491 – Research/Topics

Instructors: Dr. Christine Moser

Main topics: The goals of this course are to learn the tools to manage, organize, and analyze data and to apply good practices in writing research papers in economics. The course is not simply about applying techniques learned in econometrics courses, although this is part of it. Students will learn about all steps of the applied research process—from identifying topics and finding data to publishing and presenting.

ECSP 818 – Econometrics

Instructors: Dr. Jeffrey Wooldridge

Main topics: This course covers probability and statistics to allow for further study of advanced econometrics. The goal is to provide a bridge between undergraduate and Ph.D.-level econometrics. We begin with basic concepts from probability, including random variables, random vectors, conditional distributions, and the multivariate normal distribution. Then important tools for asymptotic analysis, such as the law of large numbers and central limit theorem, are treated in some detail. In the final part of the course, the material on probability and convergence is used to discuss estimation and inference, using both finite-sample and asymptotic analysis.

ECSP 891 – Research/Topics

Instructors: Dr. Lisa Cook

Main topics: The objective of this course is to expose AEASP students at the Advanced level to different types of applied research in economics and to help students produce an applied economics research paper by the end of the summer program. The course includes a review of basic econometrics, research design, and STATA.